Asphalt Weekly Monitor
5 June 2020
- East Coast retail asphalt prices declined in many areas with flux retail pricing steady.
- Asphalt barge prices firm on the East Coast, with flux barge pricing easing.
- Retail markets ease slightly in some Midwest areas. Most others are unchanged.
- Midwest wholesale barge/rail prices climb higher for June on active trade. Flux was mixed.
- Gulf Coast retail asphalt and flux pricing holds steady for the week.
- Barge pricing for asphalt increases, with flux barge pricing easing in the Gulf Coast.
- Rocky Mountain retail prices are adjusted lower in a few spots. Others are static.
- Rocky Mountain wholesale prices are assessed modestly higher for June supply.
- Demand was increasing in most West Coast locations, with no price changes this week.
- In western Canada, retail markets were flat, but wholesale prices went up this week.
- Both Quebec and Ontario market prices were higher this week.
- Oil prices increased for all benchmark grades, mostly due to reported lower U.S. crude inventory and oil production cuts per EIA data this week.
- Holly Frontier announced plans to convert its Cheyenne, Wyoming refinery to a biofuels plant. (See Industry News)